Monday, August 16, 2010

The causes of high tourist number in Egypt

Egypt is a transcontinental country and considered to be a major power in North Africa, Mediterranean Region, and African continent, Nile Basin, Islamic World and the Red Sea. Egypt is also one of the most heavily populated countries in Africa and the Middle East. People from other countries choose Egypt as their place to travel. The causes that lead to high tourist numbers in economic sector in this country are booming market for foreign investment, investment growth, and Egypt economy and low cost of living.

One of the causes that affect the high tourist number in Egypt is booming market for foreign investment. People from other countries can purchase while infrastructures in Egypt are readily in place and prices of them are low. The imminent introduction of advance facilities to foreigners in Egypt formed an increase in properties and the price rise at an even greater rate. The property investment is expected to increase not only on the seaside tourist resorts, but also in city such as Cairo, where a huge lack of accommodation continues to be a problem waiting to be addressed. Therefore, many tourists come to Egypt for travelling while investing in Egypt economic which gives more returns to them.
Egypt can reach high number of tourists because of it investment growth. Due to encouraging economic trends, the property market in Egypt is becoming more popular as a location amongst worldwide purchasers. Thus, the property investment in Egypt has managed to increase tourism industry. As examples, Egypt’s government open newly modernized Cairo international airport in early 2007 as to bring a new entry of visitors to complement Egypt’s new look 21st century tourist industry. Besides that, Egypt attracts more tourists by simple purchase system with lower taxes than other countries and no capital gains and no inheritance tax.

Other than that, through economy in Egypt and low cost of living in the country, the number of tourists increases from year to year. Egypt economy is undergoing a steady growth and private business has increased to represent some 80% of the economy today. Through this action, it has created more opportunity for employment and domestic wealth growth as it shows enormous potential over the long term. Furthermore, the cost of living in Egypt is far lower than in other countries. As a result, tourists only have to spend lower of their money on living or staying in Egypt.

In conclusion, booming market for foreign investment, Egypt investment growth, and Egypt economy and low cost of living can causes the high number of tourists there. The government of Egypt should build more five stars hotel which low cost and reduce more tax government. Thus, tourists from other countries will be more interested in this country.

by ; nurul wahida binti mohamad ramzi (104136)

The causes of family financial problems and the effects on them

Financial problem can be defined as the difficulty in paying off debts. Most of the family nowadays may face financial problems because of the low income level and overused of their credit card or gone into too much debt.

There are many causes of financial problem. The most noticeable factor is that most of the family members do not have any financial education and do not know how to manage their finance. They making decisions simply without thinking further and let other people manage their finance for them. Choosing the wrong kind of financial advisor is also one of the main reasons why family nowadays involve in financial crisis. Some people are tempted to let the wrong kind of people to manage their finance situation. It is important to find a person that have good communication, and understands your needs. The best thing to do is to look for a person that works in a financial office and makes his money by advising and managing personal financial accounts, someone that has been around for long and that will have the experience to guide the family through the process.


Financial problem definitely does give bad impact towards the whole family. It can cause strife and problem with spouse and other family member. Children especially will be neglected by their parents and this automatically will effect their education. They cannot concentrate in their study and cannot give attention during the learning process. The parents also will suffer the bad effects such that they will not give full commitment in their work and this will decrease their performance of job. Furthermore, someone easily can be stressful and this leads to depression. Once the person faces these situations, he or she cannot think wisely and take simple way to solve such problem by committing suicide.

In a nutshell, there are many ways to handle financial problem. It is best if ones can admit to their creditors that they have financial problem and try to work out a solution with them until they can rectify their family financial situation. The family should try to avoid financial problem by having good financial planning.

BY: NORIZZATI BINTI MOHD HANAFI(103141)

The Causes of Corruption and Its Effects to the Company

Corruption implies some form of illicit and criminal behavior for personal enrichment such as for the purpose of preserving power. Nowadays, corruption is both a major cause and a result of poverty around the world. It occurs at all levels of society, from local and national governments, civil society, judiciary functions, large and small businesses, military and other services and so on. There are many causes and effects of corruption to the company.

First and foremost, expansion of market is the main cause of corruption to occur in a company. Most companies participate in corruption to assist themselves in their market expansion strategies. By bribing a few officials, they are able to establish operations and achieve their goals. If not for these bribes, those companies would not have received the necessary permits to set up operations. As for example, an official has the authority to allocate a commodity at a price below the market equilibrium level. Then rent seeking may occur and the official may be able to accept bribes which cause corruption to take place.

Besides that, profit maximization is also one of the causes of corruption. By selecting those countries with potentially a large expanding market with very little competition, some of the companies choose to bribe officials to enter these markets and reach their profit targets.

The effects of corruption to the company are felt in monetary terms from a business point of view as well as in social and political costs. In monetary costs, it effects the economic development and economic growth which shown to worsen poverty. Inefficient of world economy and serious obstacle for investment are also the effects of corruption. Last but not least, reduction in tax revenues and affected in price and quality of finished goods will also show the bad effects of corruption.

In a nutshell, corruption is a worlwide phenomenon with no end in sight. Specific steps should be taken by the company in order to curb corruption such as anti-corruption regulation, penalties, better salary structure, and employee training.


Done by: Nur Afdhallina binti Ismail (103204)

Sunday, August 15, 2010

The Effect of Economic Crisis to Malaysia

The economic crisis in 1998 had stroke the politics, economics and social aspects of all countries in the world. Malaysia is one of the countries that tried to gain back its stability of economics. The economic crisis has its impact on public sector, made Ringgit Malaysia depreciated, the rise in unemployment and inflation.

The value of Ringgit Malaysia has depreciated and come severe under the selling pressure due to the decreased value of Thai Baht in the mid of May 1997. Bank Negara Malaysia had already lost close to US $1.5 billion in the effort to prop up the value of Ringgit Malaysia. Bank Negara intervened in the foreign exchange market to uphold the value of Ringgit. The value managed to be upholding for a week before it finally was forced to float the Ringgit.

In the public sector, the effect of the crisis began to felt when both expenditure and investment were decreased. In addition, the budget for operating expenses was slashed and the cancellation of several infrastructure mega projects. The initial impact of the crisis that faced by the country was the declining imports of luxury goods.

The crisis has a negative impact on Malaysia social sphere as well. The rise in unemployment and inflation are the main reason of the household income declined. Urban families during that time were experiencing the worst of the impact due to increase cost of living including the cost of food, household necessities, health care, tertiary education and transportation.

In the nutshell, 1998 economics crisis gave huge impacts not only to Malaysia but all country in the world. Malaysian had faced critical situation in politics, economics and social aspects but Malaysia economics has increase rapidly since the crisis.

Wednesday, July 28, 2010

compare and contrast MPV and 4WD- sarah zulkefli and nur zulaikha adiba bt hasri

There are various types of cars nowadays. It can be categorized into brands, types, size and others. Four-wheeled drive vehicle and multi-purpose vehicle is one of the types. They can be differentiating through social classes, appearances, function and price.

The first four-wheeled drive vehicle was designed by Ferdinand Porsche and this type of vehicle is very popular among those who love adventure. Four-wheeled drive vehicle received torque from the engine simultaneously. Thus, it provides better control than normal road cars on many surfaces and is an important part in the sport of rallying. A four-wheeled drive vehicle can be used in low traction situations where the wheels have the ability to slip as needed. Some people thought that four-wheeled drive vehicle is too large. The fact is, four-wheeled drive vehicle is taller and can fit 5 passengers like sedan. Normally, those who drive four-wheeled drive vehicle for the first time will notice the difference between four-wheeled drive vehicle and sedan because of its height. Four-wheeled drive vehicle has bigger size of tyres and usually has a specific place for a spare tyre. A four-wheeled drive vehicle can be sold from RM72 540 and can exceed to RM 200 000.

Those who have children mostly own a multi-purpose vehicle (MPV). Multi-purpose vehicle larger than sedan and has about the same height as four-wheeled drive vehicle. It usually features three seat rows with two or three seat each. The seats are designed to be relocated, removed or folded completely under floor which allowing variable seating capacity and cargo room. Thus, it will provide more space and can fit more things in it. Since the multi-purpose vehicle normally used by those who have family, it is suitable for travelling and carry six up to eight passengers in it. A multi-purpose vehicle is about RM72 750 and can exceed to RM180 000.

To end with this statement, it is obviously stated that both four-wheeled drive vehicle and multi-purpose vehicle are two different type of vehicle that has its own pros and cons from its social classes to the price.

MOBILE PHONE AND CORDLESS TELEPHONE

Communication is very important in our daily life. We need to communicate in order to convey message with each other. Without communication, the world would be very quiet. Mobile phone and cordless telephone both are devices which use by people nowadays to make communication easier. Both devices allow its users to make and receive calls to and from the public telephone network which includes other mobiles and fixed line phones across the world. But then, there are also differences which differentiate both of them.

Cordless telephone is a wireless handset via radio waves with a base station connected to a fixed telephone line. It is similar to corded telephone whereby the base station needs to subscribes premises and attaches to telephone network. Cordless telephone do not provide SMS text messaging. It also have limited range depends with the base station or handset cradle. Cordless telephone needs main electricity to power the base station. Although the wireless handset uses rechargeable battery, it only can be charged when the handset sits on its cradle.

As for mobile phone, it is an electronic device used for duplex two-way radio telecommunications over a cellular network of base station known as cell sites. It needs to be connected to a cellular network owned by a mobile network operator such as Maxis, Digi, or Celcom. A basic mobile phone has two functions which are to make calls and SMS text messaging unlike the cordless telephone. Mobile phone have unlimited range whereby it depends with the network provided by the mobile network operator wherever you are. It uses rechargeable battery as power sources. It does not need its cradle in order to charge. It can be charge by using USB, portable batteries, mains power (AC adapter) cigarette lighters or a dynamo.

In general, mobile phone and cordless phone both are two devices that can communicate with others. But nowadays, most people choose mobile phone than cordless telephone as mobile phone can perform a lot of function compared to cordless telephone. Thus, mobile phone has the highest needed in the world’s market when compared to cordless telephone

BY: SITI NUR AIN HAJI KAMARUDDIN (104606)

NUR AFDHALLINA ISMAIL (103204)

Tuesday, July 27, 2010

Compare and contrast between radio and Mp4

Recently, most people use Mp4 as their entertainment devices compared to radio. It has many differences between Mp4 and radio. Radio can refer to either the electronic appliance that we listen with or the content listened to while Mp4 is the official file extension of the multimedia container format MPEG-4 part 14, which is combine the digital audio and digital video. Mp4 is short for Moving Picture Expert Group-4. It appeared for the first time in 1998. The purpose of this essay is to compare and contrast the differences between Mp4 and radio. The three main differences are function, cost and portability.

The most remarkable difference between these two devices is their function. People only can listen to music which is on air by radio. Radio cannot save or store music such as Mp3 because it does not have any memory or storage. But, we can record sound using tape via radio. While, Mp4 actually contain multiple audio, video and subtitle streams as they are container formats and not simple file formats. Besides that, Mp4 have storage or memory card attached to it and we can store all types of file format such as audio, video or picture.

Comparing both types of devices, we notice another difference. The cost between both devise are extremely different. Radio is obviously cheaper and affordable than Mp4. It costs only about RM10 to RM 100. In contrast, Mp4 is too expensive compared to radio as it costs RM 100 and above. Only a few people can afford to buy it. In addition, it costs more to have repaired once it is broken. At first, most people have a radio. But, when the technology developed, the popularity of radio has decrease because of the present of Mp4 as people try to own it although it was pricey.

Another difference between these two devices is their portability. Radio is bigger than MP4. Because of this factor, radio is hard to bring anywhere we want as some of the radio used plug. But there is also radio in small size that used battery. Hence, the portability of radio depends on its sources and size. Mp4 is too small compared to radio. Furthermore, it needs battery charging always with it, but radio does not. Therefore, it is extremely portable than radio since we can simply put it in our pocket.

Here are the three main differences between radio and Mp4. It does not matter which devices that you own because both radio and Mp4 have their own functions and advantages. The most important thing is as long as you enjoy using the device.

by ~ Norizzati bt Mohd Hanafi

Nurul Wahida bt Mohamad Ramzi